devontemiles8868
23.04.2020 •
Business
Hamid and Lee are neighbors. Hamid has a barking dog that he keeps in his backyard for property protection; he values the dog at $600. Lee despises the constant barking, because it costs him $800 in lost sleep.
a.If Hamid has a legal right to own a barking dog, is there a Coase solution to this prot
b. Because Hamid speaks Farsi and Lee speaks Korean, they need an interpreter to negotiations regarding the barking dog. Is there a Coase solution to this problem if interpreter costs $70? How about if the interpreter charges $210?
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